Senior Manager, Commercial Management
Senior Manager, Commercial Management
- JR-155272
- Hybrid
- Toronto
- Dallas
- Construction
- Full time
Who are we?
Equinix is the world’s digital infrastructure company®, shortening the path to connectivity to enable the innovations that enrich our work, life and planet.
Job Summary
This position sits within the Equinix Global Design and Construction team (Circa 300 no. people) who deliver over 70 projects globally per year (in excess $4Bn annual capex).
The primary focus of the role is commercial management oversight across Equinix’s portfolio of construction projects throughout AMER
The position works closely with other internal project teams. Including Design, Construction, Procurement (including Major Capital Equipment (MCE) Purchasing), Finance, PMO, Legal and Corporate Development
The role is expected to provide proactive strategic and day-to-day leadership specifically focused to drive down construction costs, provide assurance against internal financial controls and reporting processes and help manage all major contract risks
Responsibilities
Pre-Contract
Procurement of third-party consultants including Design, Commercial and Pre-Construction Services
Development of detailed Request for Proposals (RFP) and service deliverables for the commercial management services
Day to day management of third-party commercial consultants to ensure deliverables are met in a timely manner and to a high standard
Development of General Contractor and supplier procurement strategies in conjunction with the Construction Management (CM) team
Working with Legal and Procurement Centre of Excellence (COE) to prepare General Contractor Contracts including negotiation of Contract terms
Collation and presentation of market insights for the construction industry in the relevant country including market activity, comparative builds, construction cost indices, key suppliers and benchmarking information
Preparation of budgets for all design stages including feasibility estimation, detailed cost modelling, benchmarking analysis and presentation of this to senior management throughout funding approval stages
Advice on the most economical design and construction delivery strategy including budget comparisons
Identification of market and region-specific commercial risks and development of practical mitigation strategies
Ensuring that all cost data is prepared and presented in the Equinix WBS throughout the Project lifecycle
Input and action of Value Engineering (VE) exercises at all stages of design. The output must include clear cost evaluation to support decision making
Prepare annual and quarterly cashflow forecasts for active and pipeline projects
Prepare and oversee monthly reports for budget, cashflow, risk and change management
Post Contract
Day to day management of third-party commercial consultants to ensure deliverables are met in a timely manner and to a high standard
Monitor adherence against budget throughout the project lifespan including cost checks and reviews, value engineering and cost saving initiatives and evaluation of alternates
Oversee and provide guidance on commercial change management and change evaluation efforts on all projects
Monitor and report monthly and quarterly on project portfolio cash flow for the region
Provide Construction in Place (CIP) data to Finance
Pro-actively lead all commercial risk management efforts including commercial audits, contingency analysis and management
Prepare and oversee monthly cost reports for budget, cashflow, risk and change management
Monitor the financial close-out on all projects including settlement of all vendors
Prepare lessons learned cost analysis and detailed Work Breakdown Structure (WBS) analysis of outturn costs
Qualifications
Bachelors degree in construction, business, financial or related field, or equivalent experience
Proven experience in a Commercial Management role at a senior level
Demonstrated mission critical facility experience, strong preference for data center experience
Working knowledge of mission critical MEP expertise
Preferably RICS accreditation
Detail orientated, with accurate input and proof-reading skills
Ability to handle multiple tasks in a fast-paced environment
Strong business acumen
Strong written and verbal communication skills
Strong sense of accountability, ownership and urgency
Strong Excel, Power BI, Cost Management Tool skills and experience
Campus project experience a plus
The targeted pay range for this position in the following location is / locations are:
Canada - Toronto Office TRO : 119,000 - 179,000 CAD / Annual
United States - Dallas Infomart Office DAI : 136,000 - 204,000 USD / Annual
Our pay ranges reflect the minimum and maximum target for new hire pay for the full-time position determined by role, level, and location.The pay range shown is based on our compensation structure in place at the time of posting and may be updated periodically based on business needs. Individual pay is based on additional factors including job-related skills, experience, and relevant education and/or training.
The targeted pay range listed reflects the base pay only and does not include bonus, equity, or benefits. Employees are eligible for bonus, and equity may be offered depending on the position.
Equinix Benefits
As an employee, you become important to Equinix’s success. We ensure all your benefits are in line with our core values: competitive, inclusive, sustainable, connected and efficient. We keep them competitive within the current marketplace to ensure we’re providing you with the best package possible. So, wherever you are in your career and life, you’ll be able to enhance your experience and bring your whole self to work.
Employee Assistance Program: An Employee Assistance program is available to all employees.
US Benefits: - Insurance: You may enroll in health, life, disability and voluntary plans that are designed for you and your eligible family members. - Retirement: You and Equinix may contribute to a retirement plan to help you plan for your financial future. - Paid Time Off (PTO) and Paid Holidays: You will receive an accrued amount of PTO each pay period along with various paid holidays for you to rest and recharge. Eligibility requirements apply to some benefits. Benefits are subject to change and may be subject to specific plan or program terms. Canada Core Benefits: - Insurance: You may enroll in healthcare coverage that is designed to complement the provincial healthcare system, along with life, disability and optional benefit plans that are designed for you and your eligible family members. - Retirement: You may also enroll in Equinix-sponsored retirement or savings plans: Defined Contribution Pension Plan (DCPP), Group Retirement Savings Plan (RRSP) and Tax-Free Savings Plan (TSFA). - Vacation and Paid Holidays: Equinix offers both vacation and personal time, along with various paid holidays for you to rest and recharge. Eligibility requirements apply to some benefits. Benefits are subject to specific plan or program terms, and to change at Equinix discretion.Equinix is committed to ensuring that our employment process is open to all individuals, including those with a disability. If you are a qualified candidate and need assistance or an accommodation, please let us know by completing this form.
Equinix is an Equal Employment Opportunity and, in the U.S., an Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to unlawful consideration of race, color, religion, creed, national or ethnic origin, ancestry, place of birth, citizenship, sex, pregnancy / childbirth or related medical conditions, sexual orientation, gender identity or expression, marital or domestic partnership status, age, veteran or military status, physical or mental disability, medical condition, genetic information, political / organizational affiliation, status as a victim or family member of a victim of crime or abuse, or any other status protected by applicable law.
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